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Louis Gresham
ResearchedAngel Investors

Louis Gresham

Vice President

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At a glance

Full Name
Louis W. Gresham
Title
Partner, Gaming — March Capital / March Gaming (now "1AM Gaming"). *Note: as of early 2025 he has returned to operating as Co-Founder & CEO of Hydratac Inc.; the "Vice President / Angel Investor" label in the source stub is inaccurate — his investor role was Partner at a dedicated gaming venture fund.*
Firm
March Capital (March Gaming / 1AM Gaming)
Firm Type
Venture capital — sector-specialist gaming fund (not an angel)
Investment Stage
Seed and Series A
Check Size
March Gaming's stated mandate was ~$500K–$3M+ to lead seed/Series A rounds; investor-data profiles list his check range as roughly $3M–$30M with an ~$8M sweet spot
Target Company Profile
Early-stage games studios and interactive-entertainment/gaming-infrastructure startups; frequently takes board seats and leads rounds
Sector Focus
Video games, game development platforms, gaming/eSports, interactive entertainment
Geographic Focus
Global, with a base in Los Angeles / Southern California
Location
Santa Monica / Los Angeles, California

Background

Louis Gresham spent nearly five years (Q4 2019–2024) as a Partner at March Capital, co-launching and running its dedicated gaming vehicle, March Gaming (later rebranded 1AM Gaming), alongside Co-Founder and Managing Partner Gregory Milken. The fund debuted publicly in August 2020 with $60M to lead seed and Series A gaming investments. Gresham focused exclusively on gaming, sourcing deals and serving on portfolio boards.

Before venture capital, Gresham was an operator and entrepreneur for more than 15 years. He co-founded Cape, an industry-leading drone-software company backed by Google and NEA, where he served as President and later CEO; Cape built the world's first consumer portal for real-time remote drone flight (over 100,000 flights), then scaled to enterprise and government customers before being acquired by Motorola Solutions. He also worked at Google X, and earlier led gaming and virtual-worlds advisory as a Deloitte Innovation Fellow in Deloitte Federal's GovLab incubator, working with clients including the Navy and the Department of Homeland Security.

His education spans Yale (B.A.), where he bootstrapped and exited his first tech company as an undergraduate, and Stanford Graduate School of Business (M.B.A.). While at Stanford he worked as a Producer at Riot Games before leaving to found Cape.

In February 2025, Gresham announced a return to entrepreneurship as Co-Founder and CEO of Hydratac Inc., a military-simulation/tactical-shooter game studio ("Hydra Tactical"), which raised ~$3M led by his former fund 1AM Gaming alongside the HGM Fund, with former Treyarch studio co-head Dan Bunting on its board. This makes his current marchcp.com contact information likely transitional.

Investment Thesis & Focus

  • Gaming-only specialist: Invests exclusively in games and interactive entertainment through March Gaming / 1AM Gaming — one of the few funds led by genuine gaming operators (a Riot Games producer and 2x founder).
  • Stage: Leads and co-leads seed and Series A rounds; March Gaming's public mandate was "$500K–$3M+" to lead early rounds.
  • Founder-first, operator empathy: Positioned as a partner who has "led companies, built flagship products, and shaped organizations," bringing hands-on product and studio-building experience rather than pure financial capital.
  • Hands-on board involvement: Regularly takes board seats — e.g., Playgig, DreamCraft Entertainment, Gulliver's Games, absurd:joy, and Lightfox Games.
  • Geography: Global sourcing, anchored in the LA/Southern California gaming ecosystem.

Notable Investments

  • DreamCraft Entertainment — Solo/creator game-development platform; March Gaming led its ~$10M Series A (Nov 2021).
  • Playgig — Games studio; ~$11M seed round (Nov 2022).
  • absurd:joy — Games studio; ~$5M seed (Aug 2021); Gresham holds a board seat.
  • Lightfox Games — Seattle-based mobile studio behind *Knight's Edge*; raised $6M (2023), with Gresham listed as a March Gaming director on the SEC filing.
  • Loric Games — Games studio; ~$4M seed (Jan 2024).
  • Gulliver's Games — Portfolio studio where Gresham holds a board seat.

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